UPDATE: ISI Group Downgrades Sempra Energy to Neutral on Lowered EPS Forecast
April 23, 2013 at 08:52 AM EDT
In a report published Monday, ISI Group analyst Greg Gordon downgraded the rating on Sempra Energy (NYSE: SRE ) from Buy to Neutral, but reiterated the $83.50 price target. In the report, Gordon noted, “We are lowering our EPS forecast for '14 & / '15 and see '16 EPS outlook